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News Breaks | | | | November 29, 2012 | | 17:07 EDT |  | DUK | Duke Energy reaches settlement agreement with NCUC, NC Public Staff
Duke Energy announced that it has filed a settlement agreement with the North Carolina Utilities Commission, or NCUC. This agreement was reached between Duke Energy, the staff of the NCUC and the North Carolina Public Staff. Following approval, the agreement would resolve all issues related to the matters under review by the NCUC regarding Duke Energy's change in president and CEO following the close of the merger between Duke Energy and Progress Energy on July 2. The parties agreed that the settlement agreement does not constitute and should not be construed as an admission or acknowledgement of any illegal or improper acts by Duke Energy. The current general counsel as well as the company's executive vice president, regulated utilities, will assume new leadership roles to be announced following the NCUC's approval of the settlement agreement. Duke Energy will provide proportional fuel, fuel-related, workforce and low-income assistance financial benefits to its South Carolina customers. These are in addition to and consistent with recent merger-related commitments to customers in the state and are expected to total between $8M and $9M. | |
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News For DUK From The Last 14 Days Check below for free stories on DUK the last two weeks. |
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| May 16, 2013 | | 18:04 EDT | | DUK | Duke Energy shuts down nuclear power plant for repairs
 Subscribe for More Information | | | 07:59 EDT |  | DUK | FERC to hold an open commission meeting
The Commission holds a meeting to discuss matters relating to companies including NorthWestern Corp (NWE), Allete (ALE), Ameren Illinois Company (AEE) and Duke Energy Indiana (DUK) at FERC Washington, D.C. offices on May 16 at 10 am. Webcast Link | | | May 13, 2013 | | 07:39 EDT | | DUK | Deutsche Bank to host a conference
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